by Editor | 11 May, 2018 | Investment
Returns over one, three and five years were all positive. However, in the latest quarter investors were reminded that returns are not always positive. The three-month returns were affected by many things but largely concerns about international trade, growth and interest rates. Where will the trade tensions between nations lead? What might they do to growth? Do current interest rates reflect the expected outcome?
These concerns led to some large share price movements in the quarter. Despite the ongoing uncertainties we remain cautiously invested (across each of the Income, Balanced and Growth Funds). By cautious we mean invested in assets where we expect to get a fair return and the capital back over the long haul.
Investment returns at 31 March 2018, before fees and tax:
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by Editor | 10 May, 2018 | General
Since 1973 The New Zealand Anglican Church Pension Board has been offering mortgage finance. We offer competitive interest rates to Christian KiwiSaver Scheme members and Christians of all denominations. Our regular rates are 97.5% of the averaged rates of the five major banks. We also offer special rates for mortgages over $100,000.
We offer both table and interest-only mortgages. Finance is also available for new builds. We require a 20% deposit, regardless of whether it is owner-occupied or an investment property.
Returns earned from mortgages are put back into the Board’s funds to serve our Christian mission, not into shareholder’s pockets like at a bank. The returns also form part of the investment portfolio for Christian KiwiSaver Scheme.
The staff at the Board are here to help you with any questions you might have regarding your mortgage or potential finance. Customer service is one of our strengths.
Contact us about providing finance for your new property today!